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Student Accommodation near IE University - IE Tower

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Find the Best Student Accommodation near IE University-IE Tower

Where can you find student accommodation near IE University-IE Tower?

University Living offers an extensive selection of student accommodations near IE University-IE Tower. As a result, people can choose properties within a few blocks of their campus. Thus, eliminating the transportation cost of commuting from the average time of 25 minutes per day. Additionally, booking your place through us means you will receive benefits such as flexible leasing terms and all-inclusive accommodation expenses.

You will also get a variety of room options, such as en-suites, non-ensuites, studios, and shared apartments, with a price range between €546 and €2050 per month. Some of the best student flats near IE University-IE Tower include Galdos, El Faro and Donoso Cortés 75. Students can also take advantage of ULInfinity services, including luggage delivery, airport transportation, international banking, and SIM cards. This will help make your transition smoother.

About IE University-IE Tower

IE University was established in 1973 as a private graduate business school. It has become one of the world's leading universities. According to QS World University Rankings, IE is ranked #438. The Financial Times has ranked the university #26 internationally for Business and Management degrees, #1 in the World for Online MBAs and #11 globally for master's in finance degrees. It has also received the prestigious Triple Crown accreditation, which less than 1% of business schools worldwide have obtained.

IE University- IE Tower has 2 significant campuses: the Segovia Campus and the modern IE Tower in Madrid. The university has a 95% graduate employment rate within 6 months after graduation and is ranked #19 internationally for employability. IE's student-to-faculty ratio is approximately 12:1, and its acceptance rate is 32%-35% until class space fills. Students will also join a robust alumni network of over 75,000 graduates around the world (165 different countries), including Diego del Alcázar Benjumea (CEO of Acciona) and Claudio Boada (Chairman of Corporación Financiera Alba).

Top Student Accommodation Near IE University-IE Tower

Choosing to live in purpose-built student accommodation near IE University- IE Tower offers academic and lifestyle benefits. They are approximately a 10 to 20-minute walk from Paseo de la Castellana and 5 minutes by metro. Furthermore, most of the student apartments near IE University-IE Tower feature high-speed Wi-Fi and utilities consolidated into one bill, thereby making it easier for students to pay their monthly bills. This also helps to lessen the financial burden on the 90% of international students currently studying at IE University. In addition, students living in purpose-built student accommodation report feeling safe and socially connected through on-site property management staff, 24/7 security, and various opportunities to socialise with other students. Following are some of the best student accommodation Madrid:

Plaza Castilla

  • Address: C. de los Mártires de la Ventilla, 16, Tetuán, 28029 Madrid, Spain

  • Distance from University: 17 minutes' walk from IE University-IE Tower

  • Nearby Attractions: Viena Capellanes, CaboPalos Chillout Restaurante, Cuarto Deposito and Plaza de Castilla Park

  • Top Amenities: Social Space, Study Room, Onsite Maintenance, Cleaning, Social Events, Swimming Pool and On-site restaurant

Micampus Sancha 6

  • Address: C. de Francisco Sancha, 6, Fuencarral-El Pardo, 28034 Madrid, Spain

  • Distance from University: 6 minutes' drive away from IE University-IE Tower

  • Nearby Attractions: Cafe Reggio, Petra Cafe, Royal Canteen Indian Restaurant Madrid, and Taberna La Ilustración

  • Top Amenities: Garden/Courtyard, Motorcycle parking, Air Conditioner, Terrace, Vending Machine, Study Room and Fitness Room

Sancha 10

  • Address: C. de Francisco Sancha, 10, Fuencarral-El Pardo, 28034 Madrid, Spain

  • Distance from University: 22 minutes walk from IE University-IE Tower

  • Nearby Attractions: PANOCHA, Santagloria Coffee & Bakery, Ukiyo Mochis And Coffee, Cafetería Jean, Autocine Madrid RACE, and Museo de la EMT.

  • Top Amenities: Car-Parking, Cleaning, Co-Working Area, Foosball Table, Lounge Area, Motorcycle parking, Vending Machine and Kitchen Cleaning

Manuel Tovar 6

  • Address: C. de Manuel Tovar, 6, Fuencarral-El Pardo, 28034 Madrid, Spain

  • Distance from University: 6 minute drive from IE University-IE Tower

  • Nearby Attractions: PANOCHA, Ukiyo Mochis And Coffee, Café El Viejo Madrid, Café La Real (Invercaf), and Museo de la EMT

  • Top Amenities: Basketball Court, Car-Parking, Cleaning, Common Area, Dining Room, Pool Table, Motorcycle parking, Snooker Table, and Foosball Table

Manuel Tovar 14

  • Address: C. de Manuel Tovar, 14, Fuencarral-El Pardo, 28034 Madrid, Spain

  • Distance from University: 6-minute drive from IE University- IE Tower

  • Nearby Attractions: Royal Canteen Indian Restaurant Madrid, Cafetería El Mostrador de Mirasierra, Museo de la EMT, and Alex, David y Jesús Park

  • Top Amenities: Motorcycle parking, Study Room, Outdoor Space, Swimming Pool, Dining Room, Meals, LIft Access, and Reception

In order to find student accommodation Spain, consider looking at it through University Living. You can get to know about live availability as well as virtual tours of properties that you are considering.

Cost of Living for Students near IE University-IE Tower

The monthly cost of living for students near IE University – IE Tower typically ranges between €1,100 - €1,700. This cost is variable according the type of accommodation and lifestyle. As the university is located in a higher socio-economic area, the cost of living is slightly higher than that of the average price for an apartment in Spain. However, a student can significantly reduce their cost of living in Madrid by living in a shared flat or a multi-bed en suite room. Other ways to reduce your costs here are to shop at stores such as Mercadona, Dia, or Lidl for groceries and to eat at local menús del día restaurants. In addition, students who are under 26 years old can purchase the Abono Joven travel pass for €20 per month, which allows for unlimited use of public transportation.

Below are the cost of living for students near IE University-IE Tower:

Expense Category

Average Monthly Cost (EUR)

Shared Room / Flat Rent

€650 – €900

Private Studio Residence

€1,100 – €1,600+

Groceries & Food

€200 – €300

Public Transport Pass

€20 – €22

Mobile & High-Speed Internet

€30 – €50

Leisure & Entertainment

€150 – €250

At the beginning of the budgeting process, students can use the University Living Cost of Living Calculator to estimate their living costs based on their accommodation choices and lifestyle.

Tuition Fees at IE University – IE Tower

The tuition fees charged by the university will be based on the type of course, level of studies, and other factors. In addition to any tuition fees incurred while pursuing your studies, all new students are required to pay a one-time enrollment contribution of €1,200 to the IE Foundation. Below are the details of the same:

Degree Program

Average Tuition Fee

Bachelor in Business Administration (BBA)

€25,000 per year

Bachelor in International Relations

€25,308 per year

Master in Finance

€42,000 total program fee

Master in Management

$40,000 (approximately €37,500) per year

International MBA (IMBA)

€89,900 total program fee

Best Areas Near IE University-IE Tower for Students to Live in

Suppose you are relocating to Madrid to attend IE University-IE Tower, one of the most important factors to consider is which neighbourhood to choose. The closer you live to your university, the less travel time you will have, and therefore you will be able to enjoy the city. As a city that has over 10 million tourists every year, Madrid is also home to the largest municipal park system in Europe! The following are some of the best areas to live near IE University-IE Tower:

  • Chamartin: This area is known as a modern, safe financial district. It is home to the Paseo de la Castellana and is located between 0.5 and 1.5 miles from IE University-IE Tower. The metro is a quick option to get to the IE Tower. Shared room options here cost approximately €650 - €1,000/month, while private studios here cost €1,100 - €1,800 or more. Popular things to see in this area of Madrid include the Santiago Bernabéu Stadium and the area around Alberto Alcocer, which has many cafes and traditional Spanish restaurants.

  • Fuencarral: The area has plenty of modern homes and open spaces. And it is only 0.8-2 miles away from the campus, so walking to IE University-IE Tower takes about 15 minutes. The cost of rent here is around €550- €850 per month for regular apartments and €1,300- €1,950 per month for purpose-built student housing. The area is approximately 5 miles north of the centre of Madrid. Within the vicinity of Fuencarral are several attractions, including El Pardo Forest and the Cuatro Torres Business Area, as well as many reasonably priced cafes, bakeries and tapas bars.

  • Chamberí: It is a well-established neighbourhood with an easygoing atmosphere and is also well known for its varied 19th-century architecture. The local population here is 140,000+ people, and the neighbourhood is approximately 2.5-3 miles from IE University-IE Tower. Private rooms here typically cost €600- €950 per month, while premium properties can be found for € 1,700- € 2,200+. In addition to the Plaza de Olavide and the Sorolla Museum, Calle Ponzano is also a popular attraction here.

  • Salamanca: It is one of Madrid's most prestigious and safest neighbourhoods, famous for the Golden Mile (Milla de Oro) and the 125-hectare Retiro Park. Many international business students choose this area despite its higher prices. Shared accommodation costs €700–€1,100 per month, while premium studios here range from €1,400 to €2,300+. Located 3–4 miles from IE University-IE Tower, it is connected by a 20-minute Metro Line 9 journey to Plaza de Castilla. It is also 1.5 miles east of Madrid city centre. The neighbourhood is known for its healthy cafes, brunch spots, and cultural attractions, including the National Archaeological Museum.

Transport Options Near IE University-IE Tower for Students

Getting around Madrid is simple thanks to its excellent public transportation systems. Each day, 2.2 million people use them and experience an impressive 94.8% on-time performance rate. The metro system here boasts 12 lines and serves 294 stations throughout the greater metro area. In addition, Madrid has over 2000 zero-emission buses that provide students with an easy way to get around town. Outlined below are some ways that students can use public transport while in Madrid.

1. Metro: Metro Line 10 provides students with a direct route to get to IE Tower. Students can access Metro Line 10 by taking either the Bogoña station or the Plaza de Castilla station. Both of them are located within a 5-10 minute walking distance from IE Tower. The metro service line here runs daily from 6:00 AM until 1:30 AM; during peak travel times. A single metro ride costs between €1.50-€2.00, and students under the age of 26 can purchase a monthly Abono jove, which costs €20.

2. Municipal Bus System (EMT Madrid): Bus routes 66, 147, 174, and SE704 stop at both Cuatro Torres and Intercambiador de Plaza de Castilla. These buses run after every 5 or 8 minutes from 6:00 AM to 11:45 PM and every 15 to 30 minutes overnight. The cost of a single bus ticket is €1.50; however, all bus transportation is included with the €20 Abono Joven pass.

3. Commuter Rail Network: All Cercanías Lines C-1, C-2, C-4, C-7, and C-10 stop at Madrid-Chamartín-Clara Campoamor Station, which is approximately 0.8 miles from IE University-IE Tower. From there, it will take approximately 15 minutes to walk to campus, or you can take one Metro stop from the station to the campus. These trains run every 5 to 10 minutes between the hours of 5:00 AM to 12:00 AM. Single fare prices for will be between €1.70 and €3.40 and all of these trips are also included with the monthly €20 Abono Joven pass.

Frequently Asked Questions

We have 24/7 support available.

Are the utilities included in the IE University-IE Tower student accommodation rent?

Most of the purpose-built student accommodations (PBSAs) have the costs of electricity, gas, heating, cooling, high speed wifi, & water included with the rent payments.

What types of off-campus student accommodations are available near IE University-IE Tower?

The following types of accommodations are open to incoming students: studios, ensuites, non-ensuites, shared apartments and studios.

Is student housing in Madrid furnished by default?

The majority of student rentals in Madrid come with beds, wardrobes, and desks. Higher-end housing typically also has appliances, televisions, & built-ins as part of their furnishing.

How much rent deposit do you have to pay to rent off-campus in Madrid?

Every student housing complex will have its own deposit requirements, but common deposits range from one to two months rent plus a deposit of €250-€500 deposit.

Can you do a tour online of a rent house before moving to Spain?

Most student accommodation providers provide you with 3D virtual tours, videos, & floorplans that allow you to view the property you are going to be renting.

What is the "No Visa, No Pay" Policy?

If your Spanish student visa application is denied, you may cancel your reservation and receive a full refund of your deposit. You must provide proof of your application being denied from the consulate, along with accommodation cancellation request, within the property’s established cancellation policy.

What documents do I need to rent Hall of Residence student accommodation in Madrid?

Typically, to rent Hall of Residence student accommodation in Madrid you will need a valid passport or national ID, a letter of acceptance from IE University and proof of financial ability to pay your rent (bank statements or guarantor information). Most Hall of Residence will allow you to book your accommodation with just a passport prior to arrival.

Is there a washing machine?

Most Hall of Residence that are built for students will have community laundry rooms that contain washers and dryers, and cost approximately €2 – €4 per load of laundry. If you rent a shared flat, you may have a washing machine within the flat.

How far are the Hall of Residence student accommodations from campus?

Chamartín and Fuencarral Hall of Residence accommodations are located within 0.5 – 1.5 miles from IE Tower at IE University (10 – 20-minute walk). Chamberí and Salamanca are 2.5 – 4 miles from campus, which requires a 15-to-20-minute metro ride.

What public transportation options are available near IE University-IE Tower?

Students can use Madrid Metro Line 10 via Begoña and Plaza de Castilla stations, EMT buses stopping at the Cuatro Torres complex, and the Madrid-Chamartín commuter rail station for regional travel.